Class Action Lawsuit Granted Over Pfizer Antidepressant’s Effects on Heart, Liver and Profits

Kermit Cole
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Pfizer will face a class action lawsuit by investors who claim that the drugmaker’s Wyeth unit failed to disclose information about its antidepressant Pristiq’s negative effects on the heart and liver. Two pension funds claim that Pfizer’s Psubsequent disclosure of the drug’s negative effects caused the company’s stock to drop.

Article → Related Stories:
Pfizer’s Wyeth ordered to face class-action over Pristiq (Yahoo)
Pfizer’s Wyeth ordered to face class-action over Pristiq (Reuters)

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Kermit Cole
Kermit Cole, MFT, founding editor of Mad in America, works in Santa Fe, New Mexico as a couples and family therapist. Inspired by Open Dialogue, he works as part of a team and consults with couples and families that have members identified as patients. His work in residential treatment — largely with severely traumatized and/or "psychotic" clients — led to an appreciation of the power and beauty of systemic philosophy and practice, as the alternative to the prevailing focus on individual pathology. A former film-maker, he has undergraduate and master's degrees in psychology from Harvard University, as well as an MFT degree from the Council for Relationships in Philadelphia. He is a doctoral candidate with the Taos Institute and the Free University of Brussels. You can reach him at [email protected]

3 COMMENTS

  1. Pfizer has always been secretive and sneaky. In the 1970’s I had a friend whose father was a regional director with this company and he was always very circumspect and tight lipped about what he and this company did. Even back then they were having some problems with the government and were doing things that just didn’t seem right at the tie. So, this isn’t something new for this company, even though they originally didn’t have the company under their umbrella that is causing all of this trouble right now.

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